Survivor benefit

The payment made to a Beneficiary from an Annuity or Policy when the Policyholder dies. also called death Benefit.

Related Terms: 8 Annuity, Beneficiary, Benefit, Call, Death benefit, Policy, Policyholder, UIT

Other Related Pages: Category: Retirement Starting With: S

Additional Related Terms: Annuity unit, At par, All or any part, At best, At call, Accommodative monetary policy, Accidental death benefit, All-risks coverage, Annuity, At risk